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Bill > A09206


NY A09206

NY A09206
Relates to the taxation of vapor products; provides for the licensing of vapor products distributors; imposes certain tax return filing requirements on vapor products distributors; provides for enforcement powers.


summary

Introduced
02/16/2024
In Committee
02/16/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to the taxation of vapor products

AI Summary

This bill amends the tax law to impose a 20% tax on vapor products sold by vapor products distributors to vapor products dealers in New York. The bill defines a "vapor products distributor" and requires such distributors to be licensed by the Commissioner of Taxation and Finance. The bill also grants enforcement powers to the Commissioner, including the ability to conduct inspections, seize non-tax-paid vapor products, and revoke licenses. Additionally, the bill requires vapor products distributors to file monthly tax returns and pay the applicable taxes.

Committee Categories

Budget and Finance

Sponsors (24)

Last Action

referred to ways and means (on 02/16/2024)

bill text


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